Global Payments adds two directors to board after Elliott builds stake (updated)

Global Payments

29/09/2025 13:14

Adds details in paragraphs 2-3

Sept 29 (Reuters) - Global Payments GPN.N said on Monday it has appointed two directors to its board in collaboration with activist hedge fund Elliott Investment Management.

The move comes months after Elliott, one of the world's biggest activist investors, built a sizeable stake in the payments firm as it looks to narrow its focus solely on processing payments for businesses.

Patricia Watson and Archana Deskus have been appointed to Global Payments' board, effective immediately.

 (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shilpi Majumdar)

 ((ArasuKannagi.Basil@thomsonreuters.com;))